Tronox Holdings Management

Management criteria checks 3/4

Tronox Holdings' CEO is John Romano, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is $5.28M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth €7.78M. The average tenure of the management team and the board of directors is 4.1 years and 5.6 years respectively.

Key information

John Romano

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage	17.8%
CEO tenure	less than a year
CEO ownership	0.4%
Management average tenure	4.1yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Romano's remuneration changed compared to Tronox Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$42m
Jun 30 2024	n/a	n/a	US$53m
Mar 31 2024	n/a	n/a	-US$232m
Dec 31 2023	US$5m	US$941k	-US$200m
Sep 30 2023	n/a	n/a	-US$388m
Jun 30 2023	n/a	n/a	-US$253m
Mar 31 2023	n/a	n/a	US$391m
Dec 31 2022	US$5m	US$913k	US$384m
Sep 30 2022	n/a	n/a	US$595m
Jun 30 2022	n/a	n/a	US$585m
Mar 31 2022	n/a	n/a	US$283m
Dec 31 2021	US$5m	US$833k	US$286m
Sep 30 2021	n/a	n/a	US$248m
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$956m
Dec 31 2020	US$3m	US$588k	US$969m
Sep 30 2020	n/a	n/a	US$924m
Jun 30 2020	n/a	n/a	US$9m
Mar 31 2020	n/a	n/a	-US$48m
Dec 31 2019	US$2m	US$547k	-US$114m
Sep 30 2019	n/a	n/a	-US$119m
Jun 30 2019	n/a	n/a	-US$94m
Mar 31 2019	n/a	n/a	US$3m
Dec 31 2018	US$3m	US$515k	-US$7m
Sep 30 2018	n/a	n/a	-US$2m
Jun 30 2018	n/a	n/a	-US$39m
Mar 31 2018	n/a	n/a	-US$94m
Dec 31 2017	US$3m	US$499k	-US$106m

Compensation vs Market: John's total compensation ($USD5.28M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Romano (59 yo)

less than a year

Tenure

US$5,278,928

Compensation

Mr. John D. Romano has been Co-Chief Executive Officer and Director at Tronox Holdings plc since March 18, 2021 and served as its Interim Co-Chief Executive Officer since December 27, 2020 until March 18,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Romano	CEO & Director	less than a year	US$5.28m	0.42% € 7.8m
D. Srivisal	Senior VP & CFO	1.6yrs	US$1.97m	0.048% € 889.1k
Russell Austin	Senior Vice President of Global Operations	3.7yrs	US$1.58m	0.053% € 990.3k
Jeffrey Neuman	Senior VP	6.6yrs	US$2.06m	0.12% € 2.2m
Jeff Engle	Senior Vice President of Commercial & Strategy	3.7yrs	US$1.46m	0.029% € 536.4k
Jonathan Flood	VP, Controller & Principal Accounting Officer	4.5yrs	no data	0.011% € 209.7k
Jennifer Guenther	Chief Sustainability Officer	4.6yrs	no data	no data
Amy Webb	Chief Human Resources Officer	less than a year	no data	no data
Emad AlJunaidi	Senior Vice President of Integrated Supply Chain & Digital Transformation	5.8yrs	no data	no data
Ed Prosapio	VP & Treasurer	6.5yrs	no data	no data
Paul Gilman	General Manager - Hamilton	no data	no data	no data
Dick Dean	Integration Vice President of Operations	no data	no data	no data

4.1yrs

Average Tenure

46yo

Average Age

Experienced Management: T5X's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Romano	CEO & Director	3.7yrs	US$5.28m	0.42% € 7.8m
Ilan Kaufthal	Independent Chairman	13.8yrs	US$542.52k	0.16% € 3.1m
Sipho Nkosi	Independent Director	12.4yrs	US$252.52k	0.034% € 632.4k
Peter Johnston	Independent Director	12.3yrs	US$252.52k	0.086% € 1.6m
Stephen Jones	Independent Director	5.7yrs	US$257.52k	0.038% € 715.2k
Mutlaq bin Al-Morished	Non-Independent Director	5.6yrs	US$222.52k	0.040% € 736.6k
Ginger Jones	Independent Director	6.6yrs	US$287.52k	0.057% € 1.1m
Jean-Francois Turgeon	Director	3.7yrs	US$5.29m	0.41% € 7.7m
Talal Bin Ali Al-Shair	Director Emeritus	5.6yrs	no data	no data
Moazzam Khan	Non-Independent Director	5.6yrs	US$222.52k	0.022% € 402.0k
Lucrece J. Foufopoulos-De Ridder	Director	less than a year	no data	no data

5.6yrs

Average Tenure

66yo

Average Age

Experienced Board: T5X's board of directors are considered experienced (5.6 years average tenure).

Tronox Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Tronox Holdings plc Announces Appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors

Insufficient new directors

Tronox Holdings plc, Annual General Meeting, May 08, 2024

Co-CEO & Director recently sold €713k worth of stock

Tronox Holdings plc Announces Dr. Vanessa Guthrie Decides to Not Seek Re-Election as Member of the Board of Directors

Tronox Holdings plc Announces CEO Changes, Effective April 1, 2024

Recent updates

Third quarter dividend of US$0.13 announced

Tronox Holdings plc Declares Dividend for the Fourth Quarter 2024, Payable on December 13, 2024

Third quarter 2024 earnings released: US$0.16 loss per share (vs US$0.089 loss in 3Q 2023)

Tronox Holdings plc to Report Q3, 2024 Results on Oct 24, 2024

Investor sentiment improves as stock rises 15%

Tronox Holdings plc Declares Third Quarter 2024 Dividend, Payable on September 27, 2024

Second quarter 2024 earnings released: EPS: US$0.10 (vs US$1.72 loss in 2Q 2023)

New minor risk - Share price stability

Tronox Holdings plc to Report Q2, 2024 Results on Aug 01, 2024

First quarter dividend of US$0.13 announced

Tronox Holdings plc Announces Appointment of Lucrèce Foufopoulos-De Ridder to its Board of Directors

Tronox Holdings plc Declares Quarterly Dividend, Payable on June 21, 2024

First quarter 2024 earnings released: US$0.057 loss per share (vs US$0.15 profit in 1Q 2023)

Tronox Holdings plc to Report Q1, 2024 Results on May 01, 2024

Insufficient new directors

Full year 2023 earnings released: US$1.28 loss per share (vs US$2.48 profit in FY 2022)

New minor risk - Shareholder dilution

Tronox Holdings plc, Annual General Meeting, May 08, 2024

Co-CEO & Director recently sold €713k worth of stock

Fourth quarter dividend of US$0.13 announced

Tronox Holdings plc Announces Dr. Vanessa Guthrie Decides to Not Seek Re-Election as Member of the Board of Directors

Tronox Holdings plc Declares Dividend for the First Quarter 2024, Payable on April 5, 2024

Now 22% overvalued after recent price rise

Full year 2023 earnings released: US$2.02 loss per share (vs US$3.21 profit in FY 2022)

Tronox Holdings plc to Report Q4, 2023 Results on Feb 15, 2024

Tronox Declares Dividend for the Fourth Quarter 2023, Payable on December 15, 2023

Third quarter 2023 earnings released: US$0.089 loss per share (vs US$0.78 profit in 3Q 2022)

Tronox Holdings plc Announces CEO Changes, Effective April 1, 2024

Tronox Holdings plc to Report Q3, 2023 Results on Oct 25, 2023

New minor risk - Share price stability

Tronox Holdings plc Announces Quarterly Dividend, Payable on September 15, 2023

New major risk - Dividend sustainability

Second quarter 2023 earnings released: US$1.72 loss per share (vs US$2.41 profit in 2Q 2022)

Investor sentiment improves as stock rises 16%

Tronox Holdings plc to Report Q2, 2023 Results on Jul 27, 2023

Tronox Holdings plc to Report Q2, 2023 Results on Jul 27, 2023

Investor sentiment improves as stock rises 18%

Tronox Holdings plc Declares Quarterly Dividend, Payable on June 16, 2023

First quarter 2023 earnings released: EPS: US$0.15 (vs US$0.10 in 1Q 2022)

Co-CEO & Director recently sold €1.4m worth of stock

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings released: EPS: US$3.21 (vs US$1.88 in FY 2021)

Tronox Holdings plc to Report Q4, 2022 Results on Feb 15, 2023

Tronox Holdings plc Announces Retirement of Tim Carlson as Chief Financial Officer, on April 1, 2023

Investor sentiment improved over the past week

Tronox Holdings plc Declares Quarterly Dividend, Payable on December 16, 2022

Senior VP & CFO recently bought €60k worth of stock

Third quarter 2022 earnings released: EPS: US$0.78 (vs US$0.72 in 3Q 2021)

Tronox Holdings plc to Report Q3, 2022 Results on Oct 26, 2022

Tronox Holdings plc Declares Quarterly Dividend, Payable on September 16, 2022

Tronox Holdings plc Provides Sales Guidance for the Third Quarter of 2022

Second quarter 2022 earnings released: EPS: US$2.41 (vs US$0.47 in 2Q 2021)

Tronox Holdings plc to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

High number of new directors

Independent Director recently sold €184k worth of stock

Tronox Holdings plc Declares Quarterly Dividend, Payable on June 24, 2022

Senior VP & CFO recently bought €87k worth of stock

First quarter 2022 earnings released: EPS: US$0.10 (vs US$0.13 in 1Q 2021)

High number of new directors

Venator Materials plc Receives $85 Million Cash in Settlement with Tronox

Venator Wins $75 Million Lawsuit Against Tronox

Tronox Holdings plc, Annual General Meeting, May 12, 2022

Insider recently sold €55k worth of stock

Tronox Holdings plc Declares Quarterly Dividend, Payable on April 8, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Tronox Holdings plc Announces Dividend

Tronox Holdings plc Announces Executive Changes

Upcoming dividend of US$0.10 per share